Each year the Arizona School Tax Credit Program allows you to direct some or all of your state income tax payment to Desert Star Community School for extracurricular activities! This is a wonderful win/win program. For 2010, taxpayers may direct up to $200 per single taxpayer or $400 per married couple filing jointly to charter and public schools. This option is available to anyone who pays Arizona State Income Tax; parents, family and friends can all participate. Tax payers may contribute to both public and private schools in the same year. These funds are enormously helpful in providing support for extracurricular activities such as tutoring, enrichment programs, remedial work, field trips and guest speakers.
It’s simple! The money you donate to the school’s Tax Credit Program replaces dollar-for-dollar what you owe in state income taxes! You simply send in the receipt you will receive from the school along with your state tax return. The dollar amount donated may then be subtracted from the total amount owed in state income tax, thereby reducing your Arizona tax liability.
You don't have to have a child in the school, but you must have a tax liability for at least the amount of your donation to receive the maximum deduction. In other words, if you only owe $100, you can't get a $200 tax credit for the current year, but you may carry $100 forward to future year's taxes. If you don't owe Arizona taxes this year, but you feel you will in the next few years, you may carry forward your school tax credit for up to five consecutive taxable years!
This form is available below and is also available in our office. Please call the office if you have any questions at 928-282-0171.